721 N Cahuenga

    Los Angeles (City), CA 90038
    • $1,775,000
    • STATUS: Closed
    • ON SITE: 72 days
    • ID#: 19443144
    Sold - 05/10/2019
    $1,775,000
    SOLD - 05/10/2019
    • 4
      BEDS
    • 0.14
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,008
      SQFT
    • $884
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Calling all investors and developers! Property street address is 721-723 N Cahuenga Blvd. (723 N Cahuenga is front building, 721 is back) Come take advantage of the rapidly growing urbanization of historic Hollywood. This gated property is located 1/2 block from swanky Hancock Park, just a stones throw north of Melrose Ave and a few blocks from trendy Larchmont, which makes this property prime for development. Walking distance to markets, gyms, restaurants and all that this up and coming area has to offer. Hollywood is experiencing a tremendous rise in popularity for its vibrant city living and is one of the fastest growing markets in the country. Front building is vacant. Back building can be delivered vacant. Please drive by property. Please do not disturb tenants. Easy to show front unit. Back unit will be shown with accepted offer.

    Sold by Tyrone Mckillen BRE#01356760 of Compass.

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    Based on information from CARETS as of 2019-05-23T23:48:29.577. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.rosalietherealtor.com/homes/92617846

    721 N Cahuenga Los Angeles (City), CA 90038

    • Price: $1,775,000
    • Status: Closed
    • Updated: 103 min ago
    • ID#: 19443144
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,008
    SQFT
    $884
    $/SQFT
    1912
    Built
    Neighborhood:
    Hollywood (C20)
    County:
    Los Angeles
    Area:
    Hollywood (C20)
    Property Description
    Calling all investors and developers! Property street address is 721-723 N Cahuenga Blvd. (723 N Cahuenga is front building, 721 is back) Come take advantage of the rapidly growing urbanization of historic Hollywood. This gated property is located 1/2 block from swanky Hancock Park, just a stones throw north of Melrose Ave and a few blocks from trendy Larchmont, which makes this property prime for development. Walking distance to markets, gyms, restaurants and all that this up and coming area has to offer. Hollywood is experiencing a tremendous rise in popularity for its vibrant city living and is one of the fastest growing markets in the country. Front building is vacant. Back building can be delivered vacant. Please drive by property. Please do not disturb tenants. Easy to show front unit. Back unit will be shown with accepted offer.
    Exterior Features

    Parking Features Gated Parking Spaces Total 6

    Interior Features

    Cooling Type Wall Unit(S) Heating Type Wall Heater Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bed01 3 Unit Number Of Bed02 1

    Property Features

    Adjusted Gross Income 58150.00 Assessed Improvement Value 20680.00 Assessed Land Value 77413.00 Country United States Of America Expense Total Annual 7250.00 Gross Operating Income 65400.00 Gross Rent Multiplier 20.00 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 58150.00 Number Of Buildings 2 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 0.00 Unit Monthly Rent02 2450.00 Unit Projected Total Monthly Rent01 3600.00 Unit Projected Total Monthly Rent02 2800.00 Unit Total Monthly Rent01 0.00 Unit Total Monthly Rent02 2450.00 Unit Type01 1 Unit Type02 1 Units Total In Complex 2 Zoning Lacm

    Listing provided courtesy of Lisa Locker DRE#01356760 of Coral Tree Real Estate Service.


    Based on information from CARETS as of 2019-05-23T23:48:29.577. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    The Agency
    331 N Foothill Rd, #100
    Beverly Hills CA, 90210